Strategic Insights into Banking & Fintech

St. Lawrence FCU buying branches from Citizens National Bank of Hammond

St. Lawrence Federal Credit Union in Ogdensburg, N.Y., has filed the applications to buy two branches from Citizens National Bank of Hammond in New York.

The credit union, which agreed to buy the locations in mid-November, applied with the Federal Deposit Insurance Corp. on Feb. 4.

Amber Taylor, the credit union’s president and CEO, said when the deal was announced that the proposed acquisition is “part of our continued mission to grow and [serve] our members.” The price wasn’t disclosed.

Leave a Reply

Your email address will not be published. Required fields are marked *